Massachusetts Bankers Association Scholarship Foundation
Preselected recipients only
Massachusetts Bankers Association Scholarship Foundation is a private foundation in Boston, Massachusetts. In tax year 2025 it gave $43,750 in 20 grants; the typical grant was $2,000 and the largest $2,750. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$43,750
- Number of grants20
- Typical grant$2,000
- Largest grant$2,750
- Assets$915
- New grantees100%
Giving in 2025 was down from $44,050 the year before.
100% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $51,000 | 21 | $3,843 |
| 2024 | $44,050 | 23 | $658 |
| 2025 | $43,750 | 20 | $915 |
How to apply
Massachusetts Bankers Association Scholarship Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Massachusetts Bankers Association Scholarship Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to Massachusetts.
| State | Grants | Amount |
|---|---|---|
| Massachusetts | 17 | $37,750 |
| New Hampshire | 2 | $4,000 |
| Rhode Island | 1 | $2,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Endicott College Molly Brown | Scholarship | $2,750 |
| Worcester Polytechnic Institute Jai Khanna | Scholarship | $2,750 |
| Georgia Institute of Technology Annabelle Hazell | Scholarship | $2,750 |
| Bryant University Julia Mendonca | Scholarship | $2,750 |
| Emmanuel College Michaela Goncalves | Scholarship | $2,750 |
| University of Maryland Anna Antonopoulous | Scholarship | $2,000 |
| Northeastern University Darren Liang | Scholarship | $2,000 |
| Massachusetts College of Arts and Design Quinn Earle | Scholarship | $2,000 |
| Massachusetts Maritime Academy Jack Laliberte | Scholarship | $2,000 |
| Stonehill College Nina Laranjo | Scholarship | $2,000 |
| University of Massachusetts Lowell Sidharth McQuaid | Scholarship | $2,000 |
| Individual | Scholarship | $2,000 |
| Bridgewater State University Kyle Desciscio | Scholarship | $2,000 |
| Bryant University Thomas Hosey | Scholarship | $2,000 |
| Emmanuel College Olivia Goewey | Scholarship | $2,000 |
| Clark University Tatum Leahy | Scholarship | $2,000 |
| The University of Rhode Island Abigail Solemina | Scholarship | $2,000 |
| Savannah College of Art and Design Tayla Beaulieu | Scholarship | $2,000 |
| University of Rhode Island Josiah Ortega | Scholarship | $2,000 |
| University of Massachusetts Amherst Claire Zhang | Scholarship | $2,000 |
Officers and trustees
- Joseph Colagiovanni
- Kathleen Murphy
- Denis Sheahan
- James M Dunphy
- Kevin M Tierney Sr
- Lisa R Murray
- Brad Papalardo
- Anne Tangen
Questions people ask
Does Massachusetts Bankers Association Scholarship Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Massachusetts Bankers Association Scholarship Foundation give?
$43,750 in tax year 2025, across 20 grants, with a typical grant of $2,000.
Who runs Massachusetts Bankers Association Scholarship Foundation?
Its 2025 filing lists Joseph Colagiovanni (Treasurer), Kathleen Murphy (President), Denis Sheahan (Director) and James M Dunphy (Director) among 8 officers and trustees.
What does Massachusetts Bankers Association Scholarship Foundation fund?
Based on its grants, mainly education and arts and culture.